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Industries

  • By Business Observer Staff
  • April 24, 2015
Redstone Investments pays $28M for Austin Center

An affiliate of Redstone Investments purchased the five-building Austin Center in Westshore for $28.45 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • April 24, 2015
Atlanta company buys land for new industrial park

McDonald Development Co. purchased 68.7 acres east of U.S. 301 and south of Broadway Avenue for $7 million.

  • Commercial Real Estate
  • By Jean Gruss
  • April 24, 2015
Pay dirt

Investors in TerraCap Management funds targeting distressed commercial real estate in Florida have benefited handsomely. The investment management firm says more deals are coming.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • April 24, 2015
Charlotte's Advanced Imaging real estate sells for $4 million

Dallas-based investment fund AIC Ventures purchased the 17,104-square foot Advanced Imaging of Port Charlotte building for $4.2 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • April 24, 2015
New England group buys Ringling Square

An investment group out of New England, operating as Ringling & Orange LLC, purchased the 38,420-square-foot Ringling Square and 144-space parking garage for $11.5 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • April 24, 2015
Orange Avenue building sells for $1.9 million

A company led by Sarasota businessman Eric Collin purchased an 11,452-square-foot office building on Orange Avenue and a vacant lot on Fruitville Road for $1.85 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • April 24, 2015
N.Y. storage trust buys San Carlos Uncle Bob's

Buffalo, N.Y.-based Sovran Self Storage Inc. purchased the 57,908-square-foot San Carlos Self Storage for $4.71 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • April 24, 2015
Palmetto Charter School buys home from church

Palmetto Charter School purchased its building on 7.3 acres of land for $3.5 million.

  • Manatee-Sarasota
  • By Kevin McQuaid
  • April 24, 2015
Malls maligned

Online shopping and changing demographics are denting mid-level retail hubs, which are making changes of their own to survive.

  • Industries
  • By Business Observer Staff
  • April 24, 2015
Polk County: Chicago industrial developer starting Lakeland spec project

Ridge Development purchased a total of 46.5 acres of land, including an existing truck stop, for $2.68 million.

  • Tampa Bay-Lakeland
  • By Jean Gruss
  • April 24, 2015
Safe haven

Don't discount the U.S. as a safe haven for foreign investors. Premier Sotheby's International Realty expects international business to double.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • April 24, 2015
County buys buildings for Hillsborough Sheriff's Office

Hillsborough County purchased the Pinebrooke II and III office buildings in Pinebrooke Business Park for $8.7 million.

  • Tampa Bay-Lakeland
  • By Jean Gruss
  • April 17, 2015
Juicy profits

For savvy operators like Alico, the citrus business in Florida can provide rich rewards to investors. Returns have begun to flow.

  • Industries
  • By Barry Friedman
  • April 17, 2015
Dixie revival

A nimble entrepreneur revitalized a Polk County commercial project by making it one of the coolest places in town.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • April 17, 2015
Developer ContraVest building Temple Terrace apartment

Altamonte Springs-based ContraVest purchased 9.09 acres west of Interstate 75 north of Fowler Avenue for $4.87 million.

  • Tampa Bay-Lakeland
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